Mr. Siddharth Shankar, Expert Economist quote on Inflation Numbers
Please find below a quote on the latest Inflation numbers by well renowned Economist, Mr. Siddharth Shankar, Director, KASSA.
- (1888PressRelease) September 09, 2011 - "The rise in inflation of the non-food articles is disturbing & points to the fact that the RBI's recent increases in the interest rates are having no impact on inflation. To my mind it is the shift in the consumption pattern of the Indian economy that is making inflation somewhat stubborn. Small rises of 25 to 50 basis points would have no impact on consumption patterns. A little stricter stance has to be taken by the RBI wherein the consumerism is bought down to realistic levels. It is a very tight rope that the RBI has to walk on because incase interest rates go up by 100 basis points we may see the GDP numbers falling close to 6% something which India cannot afford in view of the population growth rate. Thus it is more of fiscal measures that will help control inflation in the coming months. The Government borrowing figures are also disturbing & a bit of fiscal discipline have to be brought into the system to control inflation."
Mr. Siddharth Shankar is a leading Economist & Financial Expert. He is associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. His has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.
Being a thought leader in the field of Macroeconomics he can provide a detailed analysis on the subject for your esteemed publication.
For your reference appended is a brief profile of KASSA India.
KASSA INDIA
Kassa group of companies is a Delhi based Financial Services Organization and apart from other associated companies consists of the following:
• Kassa Finvest Private Limited
• Kassa Holdings & Consultants Pvt. Ltd.
• Kassa Financial Advisors Pvt. Ltd.
Kassa Finvest Private Limited is active in capital market, derivatives market, research, internet trading & providing platform to professional traders. It is a member of National Stock Exchange of India, OTC Exchange, Derivatives Exchange, Interconnected Stock Exchange in the & Currency Exchange in the Year 2008.
Kassa Holdings & Consultants Pvt. Ltd. is active in spot and derivatives market of the commodities market and provides research, commodity trading, internet trading and providing platform to professional traders. Kassa Holdings is a member of the Multi Commodity Exchange.
Kassa Financial Advisors Pvt. Ltd. is active in distribution of selected IPO's, mutual fund & Research.
Kassa has pan-India presence and is a growing network. The Company believes in people power and their technical strength has been at the core of adding value to the company's growth. Not only do the people of Kassa stand out because of their technical brilliance, but they also deal with projects and problems with maturity, stability and commitment to the organization. Management of Kassa consists of highly qualified professionals from various disciplines.
A strong research team of competent and experienced professionals work continuously to pick up the best investment opportunities for the company's valuable customers. The activities of the group also provide the synergy for optimizing the growth of business by adding greater value to our clients' business.
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